Is Pierce, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Pierce has remained a Seller's Market.
Housing Prices in Pierce, CO
How much do homes in Pierce, CO cost?
Median Sold Price
$468,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Pierce was $468,000 in February 2024, up 1.7% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $507.5K | N/A |
2 Bedrooms | $300K | - | N/A |
3 Bedrooms | $460K | $425K | -7.6% |
4 Bedrooms | $452K | $483K | +6.9% |
5+ Bedrooms | $599K | $850K | +41.9% |
Summary: Pierce housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 41.9%.
Housing Supply in Pierce, CO
How many homes are available in Pierce, CO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Summary: The Pierce real estate market had 8 homes for sale in February 2024, a 33.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Pierce housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Pierce in February 2024, up by 100.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Pierce, CO
How long does it take to sell a home in Pierce, CO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
81 Days | 76 Days | -6.1% |
Summary: Homes in Pierce had an average of 76 days on market in Feb 2024, down by 6.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Pierce; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.